Search Results for: Business Development Bank of Canada

Women Entrepreneurship Strategy (WES): Helping Women Grow Their Businesses

Women Entrepreneurship Strategy (WES): Helping Women Grow Their Businesses

While there is greater gender equality in the workforce than ever before, there is still a gender divide amongst top leaders and entrepreneurs. Less than 16% of Canadian small and medium-sized businesses are women-owned, yet the full and equal involvement of women in the economy is essential to Canada’s competitiveness. Only 10% of high growth…

Canada Small Business Financing Program: Loans for Business Growth

Canada Small Business Financing Program: Loans for Business Growth

Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable to compete with larger, more…

Growing Forward 2 (GF2) Invests over $250k in Agri-Food Businesses

Growing Forward 2 (GF2) Invests over $250k in Agri-Food Businesses

Five Ontario businesses in the food and beverage processing sector have recently been awarded over $250k through the Growing Forward 2 (GF2) program. This funding will allow the companies to update and install new equipment, increase innovation and efficiency, and potentially expand into new markets. Up to $254,093 in Ontario government funding will support business…

Budget 2018 Streamlines Funding Programs for Business Innovation

Budget 2018 Streamlines Funding Programs for Business Innovation

The Canadian Federal Budget 2018 was released last week to much interest from business leaders and industry analysts. This year, innovation was again a top priority of the federal government, highlighted by the increase in funding support for several research and development funds. Unlike the previous two Liberal budgets, however, there will be considerable changes…

Trillium Manufacturing Network Releases Interactive Business Directory

Trillium Manufacturing Network Releases Interactive Business Directory

The Trillium Network for Advanced Manufacturing (also referred to as the Trillium Manufacturing Network) is a non-profit organization dedicated to supporting Ontario’s manufacturing industry. Funded through the Canadian federal and provincial governments, the Trillium Manufacturing Network is uniquely focused on helping Ontario manufacturers grow through mentorship and collaborative research opportunities. Recently, the organization was awarded…

Canadian Small Businesses Trends: Optimism in Summer 2017

Canadian Small Businesses Trends: Optimism in Summer 2017

The Bank of Canada’s quarterly Business Outlook Survey summarizes interviews between the bank and approximately 100 senior managers from businesses across Canada. Its purpose is to gather the perspectives of these businesses on topics such as demand, capacity pressures, and other economic indicators. The Summer 2017 Business Outlook Survey signalled that businesses are gaining strength…

Ontario Solutions 2030 Challenge – CleanTech Development Funding

Ontario Solutions 2030 Challenge – CleanTech Development Funding

Climate change is one of the most significant global challenges humankind has ever faced. To overcome it, a variety of solutions will need to be implemented across the world. Clean technologies (cleantech) comprise the most promising solutions so far; as technologies are developed and deployed, carbon emissions decrease and the effects of climate change lessens….

Invest in Canada Hub to Attract Foreign Investment for Infrastructure

Invest in Canada Hub to Attract Foreign Investment for Infrastructure

On November 14, 2016, Prime Minister Trudeau and nine federal cabinet Ministers met with Canadian and international investors to pitch investment in Canadian infrastructure projects. During a series of meetings throughout the day, Trudeau and his team of Ministers argued the strength and positioning of Canada’s economy, as well as the opportunity to grow in…

Agricultural Businesses Benefit from Multiple Funding Sources

Agricultural Businesses Benefit from Multiple Funding Sources

Canada has an abundance of agricultural focused businesses. From the farmers and producers that feed our cities, to the processors who modify food, to the organizations who help support food and agricultural research. As a result, and given Canada’s position as a leading agricultural producer, it’s not surprising to see the abundance of funding options…